Oak & Avery Group sells 18 units for $2.195 million

Mount Vernon, NY The Oak & Avery Group completed the sale of an 18-unit multifamily building located at 4 West 4^th St.

The sale price was $2.195 million.

Anthony Watkins, president, and David Algarin, vice president, represented both the sellers, NYC-based ABC Management Corp. and the buyers, Joseph Stein/4 W 4, LLC, in the transaction.

“The sale represents continued interest and investment in rent-stabilized assets, despite last year’s stymying laws. The in-place cap rate and a predominantly preferential rent roll made for a very fair deal for both parties.”

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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